ROYAL PALM PROFESSIONAL8618 N. 35th AveNue | PhoeNix, AZ 85051MedicAl office iNvestMeNt oPPortuNity

Medical Office Building Investment Opportunity • ThreeTenantMedicalBuilding-100%Occupied• CAPRate-8.2%• SalePrice:$999,000($98.71PSF)• Yr.1NOI01/01/18-12/31/18:$82,217.03

Theinformationcontainedhereinhasbeenobtainedfromvarioussources.Wehavenoreasontodoubtitsaccuracy;however,J&JCommercialProperties,Inc.hasnotverifiedsuchinformationandmakesnoguarantee,warrantyorrepresentationaboutsuchinformation.Theprospectivebuyerorlesseeshouldindependentlyverifyalldimensions,specifications,floorplans,andallinformationpriortotheleaseorpurchaseoftheproperty.Allofferingsaresubjecttopricechange,priorsale,lease,orwithdrawalfromthemarketwithoutpriornotice.Effective:010918

CraigTrbovichD:480.522.2799M:602.549.4676

ctrbovich@cpiaz.com

For More Information, Fill Out and Return the Attached Confidentiality Agreement:

Theinformationcontainedhereinhasbeenobtainedfromvarioussources.Wehavenoreasontodoubtitsaccuracy;however,J&JCommercialProperties,Inc.hasnotverifiedsuchinformationandmakesnoguarantee,warrantyorrepresentationaboutsuchinformation.Theprospectivebuyerorlesseeshouldindependentlyverifyalldimensions,specifications,floorplans,andallinformationpriortotheleaseorpurchaseoftheproperty.Allofferingsaresubjecttopricechange,priorsale,lease,orwithdrawalfromthemarketwithoutpriornotice.Effective:010918

ROYAL PALM PROFESSIONAL 8618 N. 35th AveNue | PhoeNix, AZ 85051MedicAl office iNvestMeNt oPPortuNity

CraigTrbovichD:480.522.2799M:602.549.4676

ctrbovich@cpiaz.com

Royal Palm Professional Plaza is a garden-stylemedical office building located in BlackCanyonCorridoralong35thAve,justsouthofDunlapRd,andincloseproximitytofourmajorhospitals:JohnC.LincolnNorthMountain,ThunderbirdSamaritanHospital,PhoenixBaptistHospital,andJohnC. LincolnDeerValley. Thepropertywasconstructedusing redbrickconstructionandastanding-seemsteelroof.Thebuildingfeaturesaninteriorcourtyardwithwroughtironsecuritygates,andissurroundedbymatureoleanders,citrustreesandpalms.

Size: +10,121SF

Type: ClassC/1-StoryMedicalOfficeBuilding

Year Built: 1986

Zoning: C-O,CityofPhoenix

Tax Parcel No: 150-15-170F,150-15-170J

Lot Size: +40,250SF

Parking Ratio: 4.8/1,000SF

Roof: Metal-GoodCondition

Fire Sprinklered: No

Building Access: 24/7

Electric Service EntranceSection/Power/Amps: Tobedetermined

Common AreaRestrooms: None

Existing Electric Meters: 1 meter per building

HVAC: 10Units,ofWhich7areLessThan5YearsOld

Load Factor: None

Utility Services: Water&Sewer-CityofScottsdale Electric-ArizonaPublicService CoxandCenturyLinkareavailableforphoneandinternet.

Property Profile

35th Avenue

For More Information, Fill Out and Return the Attached Confidentiality Agreement:

J & J Commercial Properties, Inc., Confidentiality Agreement

7025 N. Scottsdale Road, #220Scottsdale, AZ 85253

(480) 966-2301www.cpiaz.com

CONFIDENTIAL MEMORANDUM

ROYAL PALM PROFESSIONAL 

8618 N. 35TH AVENUE PHOENIX, ARIZONA 85051 

The information on Royal Palm Professional (“Property”) provided by Commercial Properties, Inc. (“CPI”), may be used only by parties approved by CPI and the Owner.  The property is privately offered and, by accepting this Offering Memorandum, the party in possession hereof agrees (i) to return it to CPI, immediately upon request of CPI or the Owner and; (ii) that this Offering Memorandum and its contents are of a confidential nature and will be held and treated in the strictest confidence.  No portion of this Offering Memorandum may be copied or otherwise reproduced or disclosed to anyone without the prior written authorization of CPI. 

The  information  contained  in  this  Offering Memorandum  is  confidential,  furnished  solely  for  the  review  purposes  by  a prospective purchaser of the Property and  is not to be used  for any other purpose or made available to any other person without the expressed written consent of CPI.  This information is presented to you for your information only to determine if you are  interested  in pursuing  this  investment opportunity as Principals.   The material  is based  in part upon  information supplied by the Owner and in part upon information obtained by CPI from sources it deems reasonably reliable.  Summaries of any documents are not intended to be comprehensive or all‐inclusive, but rather only outlines of some of the provisions contained herein.  No warranty or representation, expressed or implied, is made by the Owner, CPI, or any of their respective affiliates as  to  the accuracy or completeness of  the  information contained herein or as  to engineering and environmental matters.    Prospective purchasers  should make  their own projections  and  conclusions without  reliance upon  the material contained  herein  and  conduct  their  own  independent  due  diligence,  including  but  not  limited  to  engineering  and environmental  inspections,  to  determine  the  condition  of  the  Property  and  the  existence  of  any  potentially  hazardous materials on the property. 

The Owner  expressly  reserves  the  right,  at  its  sole  discretion,  to  reject  any  and  all  expressions  of  interest,  or  offers  to purchase the Property and/or terminate discussions with any party at any time, with or without notice.  The Owner shall have no legal commitment or obligation to any purchaser reviewing this Offering Memorandum or making an offer to purchase the Property.  CPI is not authorized to make any representations or agreements on behalf of the Owner. 

The  terms and conditions set  forth apply  to  the Offering Memorandum  in  its entirety.   CPI,  is acting as  the Agent  for  the Owner  in  this  transaction.    It  is  important  to  understand  that  this  confidential  memorandum  shall  not  be  deemed  a representation  of  the  state  of  affairs  of  the  property,  or  constitute  an  indication  that  there  has  been  no  change  in  the business or affairs of the property since the date of preparation of this memorandum. 

ACKNOWLEDGED, AGREED AND ACCEPTED: PROSPECTIVE PURCHASER:                                 Company Name 

 

Signature:           

Name Printed:           

Address:             

             

Telephone:            

Email:                   

Date:                  

 BROKER:                                 Company Name  

Signature:           

Name Printed:           

Telephone:           

Email:                   

Date :                

Please return the executed copy to:

Commercial Properties, Inc. 7025 N. Scottsdale Road, Suite 220 Scottsdale, Arizona 85253 Fax: (480) 348-1601 Craig Trbovich: (480) 522-2799 | ctrbovich@cpiaz.com